Difficult for Newcomers to Survive WASHINGTON, May 24, 2012 – A few large companies dominate export markets in developing and developed countries, with the top one percent often accounting for more than...

WASHINGTON, May 22, 2012 – The World Bank’s Board of Executive Directors today approved US$120 million financing for the second phase of the West African Agricultural Productivity Program that will improve...

WASHINGTON, May 20, 2012 - Even as countries compete to attract investments, 80 percent of national investment promotion agencies are failing to respond to investor inquiries in the key sectors of agribusiness...

WASHINGTON, May 8, 2012 – The World Bank said today that nine million people are currently facing food shortages in the Horn of Africa (down from a high of 13.3 million in September 2011 when the drought...

Washington, May 7, 2012 – Makhtar Diop, a Senegalese national with more than 25 years of development experience, today becomes the new World Bank Vice-President for Africa. Diop was previously Country...

Increases reverse downward trend that began in October 2011 WASHINGTON, April 25, 2012— Global food prices increased by 8 percent from December 2011 to March 2012 due to higher oil prices, adverse weather...

Carbon reduction can be combined with development and rising incomes (Addis Ababa, 20 April 2012) With a record number of 1,200 registered participants, this year’s Africa Carbon Forum (ACF) demonstrated...

ILO and World Bank partner to release new data, report on government actions WASHINGTON, April 20, 2012 – Today the International Labour Organization (ILO) and the World Bank (WB) released a joint report...

Definitive Reference for Measuring Development Progress WASHINGTON, April 19, 2012 — The 2012 edition of World Development Indicators (WDI), released today, includes updated data on global development,...

But region remains vulnerable with drought in the Sahel and fuel subsidies that consume 1.4 percent of GDP and mostly benefit the rich Washington, April 18, 2012 – Economic growth in Sub-Saharan Africa...

World Bank announces new focus on Social Protection and Labor and releases new open data tool to help countries close the gap in coverage for the poorest WASHINGTON, April 18, 2012 – The World Bank today...

ANTANANARIVO, April 17, 2012 – Madagascar’s economy loses 201 billion Malagasy ariary (US$103 million, 1 percent of GDP) each year due to poor sanitation, according to a report today released by the World...

New initiatives announced to help tackle 1.3 million yearly death toll WASHINGTON, DC, April 17, 2012 ---The World Bank hosted the 15th UN Collaboration on Road Safety meeting in Washington, DC on April...

Washington, April 16, 2012 — World Bank Group President Robert B. Zoellick today congratulated Dr. Jim Yong Kim for being chosen to become the 12th president of the development institution and offered...

WASHINGTON, April 16, 2012 – Eighteen African countries lose around US$5.5 billion every year due to poor sanitation, with annual economic losses between 1 percent and 2.5 percent of GDP, says a new report...

WASHINGTON, April 16, 2012 - The Executive Directors met today to select a new President of the World Bank Group. The Board expressed its deep gratitude for Mr. Robert B. Zoellick’s outstanding leadership...